Common use of Registration and Encumbrances Clause in Contracts

Registration and Encumbrances. is registered in the name of the relevant Borrower through the relevant Registry under the laws and flag of the relevant Flag State and that such Ship and its Earnings, Insurances and Requisition Compensation are free of Encumbrances; and

Appears in 10 contracts

Samples: Loan Agreement (Aegean Marine Petroleum Network Inc.), Third Supplemental Agreement (Aegean Marine Petroleum Network Inc.), Second Supplemental Agreement (Aegean Marine Petroleum Network Inc.)

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Registration and Encumbrances. is registered in the name of the relevant Borrower through the relevant Registry under the laws and flag of the relevant Flag State and that such the Ship and its Earnings, Insurances and Requisition Compensation (as defined in the General Assignment) are free of Encumbrances; and;

Appears in 6 contracts

Samples: Loan Agreement (Safe Bulkers, Inc.), Loan Agreement (Safe Bulkers, Inc.), Loan Agreement (Safe Bulkers, Inc.)

Registration and Encumbrances. is registered in the name of the relevant Borrower through the relevant Registry under the laws and flag of the relevant Flag State and that such Ship the Vessel and its her Earnings, Insurances and Requisition Compensation are free of Encumbrances except Permitted Encumbrances; and;

Appears in 3 contracts

Samples: Facility Agreement (EuroDry Ltd.), Facility Agreement (Euroseas Ltd.), Facility Agreement (Pyxis Tankers Inc.)

Registration and Encumbrances. is permanently registered in the name of the relevant Borrower through the relevant Registry Owner under the laws and flag of the relevant Flag State through the relevant Registry and that each such Initial Ship and its Earnings, Insurances and Requisition Compensation are free of Encumbrances; and;

Appears in 3 contracts

Samples: Facility Agreement (Freeseas Inc.), Facility Agreement (FreeSeas Inc.), Supplemental Agreement (FreeSeas Inc.)

Registration and Encumbrances. is registered in the name of the relevant Borrower through the relevant Registry under the laws and flag of the relevant Flag State and that such the Ship and its Earnings, Insurances and Requisition Compensation (each such term as defined in the Deed of Covenant) are free of Encumbrances; and;

Appears in 2 contracts

Samples: Loan Agreement (Capital Maritime & Trading Corp.), Loan Agreement (DryShips Inc.)

Registration and Encumbrances. is permanently or provisionally registered in the name of the relevant Borrower through the relevant Registry under the laws and flag of the relevant Flag State through the relevant Registry and that such the Relevant Ship and its Earnings, Insurances and Requisition Compensation are free of Encumbrances; and;

Appears in 2 contracts

Samples: Supplemental Agreement (Diana Shipping Inc.), Loan Agreement (DryShips Inc.)

Registration and Encumbrances. is registered in the name of the relevant Borrower through the relevant Registry under the laws and flag of the relevant Flag State and that such Ship and its Earnings, Insurances Insuranr-Ps and Requisition Compensation are free of Encumbrances; and

Appears in 1 contract

Samples: Eighth Supplemental Agreement (Aegean Marine Petroleum Network Inc.)

Registration and Encumbrances. is registered in the name of the relevant Relevant Borrower through the relevant Registry under the laws and flag of the relevant Flag State and that such Ship the Relevant Vessel and its her Earnings, Insurances and Requisition Compensation (as defined in the relevant Mortgage) are free of Encumbrances except Permitted Encumbrances; and;

Appears in 1 contract

Samples: Facility Agreement (Navios Maritime Holdings Inc.)

Registration and Encumbrances. is registered in the name of the relevant Borrower through the relevant Registry under the laws and flag of the relevant Flag State through the relevant Registry and that such Ship and its Earnings, Insurances and Requisition Compensation (as defined in the relevant Ship Security Documents) are free of Encumbrances; and;

Appears in 1 contract

Samples: Senior Loan Agreement (FreeSeas Inc.)

Registration and Encumbrances. is registered in the name of the relevant Borrower Owner thereof through the relevant Registry under the laws and flag of the relevant Flag State and that such Ship and its Earnings, Insurances and Requisition Compensation (as each such term is defined in the Security Documents relative to such Ship) are free of EncumbrancesEncumbrances (save for any Encumbrances in favour of the existing mortgagee(s)) together with evidence that such Encumbrances shall be discharged on drawdown of the relevant Term Advance; and

Appears in 1 contract

Samples: Facility Agreement (Costamare Inc.)

Registration and Encumbrances. is registered in the name of the relevant Initial Borrower through the relevant Registry under the laws and flag of the relevant Flag State through the relevant Registry and that such the Initial Ship and its Earnings, Insurances and Requisition Compensation (each as defined in the relevant Deed of Covenant) are free of Encumbrances; and;

Appears in 1 contract

Samples: Loan Agreement (Poseidon Containers Holdings Corp.)

Registration and Encumbrances. is registered in the name of the relevant Borrower through the relevant Registry under the laws and flag of the relevant Flag State through the relevant Registry and that such New Ship and its Earnings, Insurances and Requisition Compensation (as defined in the relevant Ship Security Documents) are free of Encumbrances (except Permitted Encumbrances; and);

Appears in 1 contract

Samples: Junior Loan Agreement (FreeSeas Inc.)

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Registration and Encumbrances. is registered in the name of the relevant Borrower through the relevant Registry under the laws and flag of the relevant Flag State and that such Ship the Vessel and its her Earnings, Insurances and Requisition Compensation (as defined in the Mortgage) are free of Encumbrances except Permitted Encumbrances; and;

Appears in 1 contract

Samples: Facility Agreement (Navios Maritime Holdings Inc.)

Registration and Encumbrances. is registered in the name of the relevant Borrower through the relevant Registry under the laws and flag of the relevant Flag State and an. that such Borrower Ship and its Earnings, Insurances and Requisition Compensation are free of Encumbrances; and

Appears in 1 contract

Samples: Ninth Supplemental Agreement (Aegean Marine Petroleum Network Inc.)

Registration and Encumbrances. is registered in the name of the relevant Borrower Owner thereof through the relevant Registry under the laws and flag of the relevant Flag State and that such Ship and its Earnings, Insurances and Requisition Compensation (as each such term is defined in the Security Documents relative to such Ship) are free of EncumbrancesEncumbrances (save for any Encumbrances in favour of the existing mortgagee(s)) together with evidence that such Encumbrances shall be discharged on drawdown of the relevant Revolving Advance; and

Appears in 1 contract

Samples: Facility Agreement (Costamare Inc.)

Registration and Encumbrances. is registered in the name of the Borrower or the relevant Borrower Owner through the relevant Registry under the laws and flag of the relevant Flag State and that such Ship and its Earnings, Insurances and Requisition Compensation (as defined in the relevant Ship Security Document) are free of Encumbrances; and;

Appears in 1 contract

Samples: Facilities Agreement (Aries Maritime Transport LTD)

Registration and Encumbrances. is registered in the name of the relevant Borrower through the relevant Registry under the laws and flag of the relevant Flag State and that such the Ship and its Earnings, Insurances insurances and Requisition Compensation (each such term as defined in the Deed of Covenant) are free of Encumbrances; and;

Appears in 1 contract

Samples: Loan Agreement (Capital Maritime & Trading Corp.)

Registration and Encumbrances. is registered in the name of the relevant Borrower through the relevant Registry under the laws and flag of the relevant Flag State and that such the Ship and its Earnings, Insurances and Requisition Compensation (each such term as defined in the General Assignment) are free of Encumbrances; and;

Appears in 1 contract

Samples: Loan Agreement (Navios Maritime Holdings Inc.)

Registration and Encumbrances. is registered in the name of the relevant Relevant Borrower through the relevant Registry under the laws and flag of the relevant Flag State and that such Ship the Vessel and its her Earnings, Insurances and Requisition Compensation (as defined in the Mortgage) are free of Encumbrances except Permitted Encumbrances; and;

Appears in 1 contract

Samples: Facility Agreement (Navios Maritime Holdings Inc.)

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